Consequences from Turkey’s failed coup

Consequences from Turkey’s failed coup

(VOVworld) – An attempted coup conducted by a minority group in Turkey’s army on July 15 has been defeated. Although President Recep Tayyip Erdogan said he has taken control of the...
Iran says not seeking tension with Saudi Arabia

Iran says not seeking tension with Saudi Arabia

Iran is not mounting tension with Saudi Arabia. Iranian Foreign Ministry Spokesman Hossein Jaber Ansari said this in a weekly press conference on Monday, after Saudi Arabia’s severing diplomatic...
S&P downgrades Greece’s credit rating

S&P downgrades Greece’s credit rating

(VOVworld) – Standard and Poor’s Ratings Services (S&P) lowered its sovereign rating on Greece to “CCC minus” from “CCC”, saying the possibility of Greece exiting the Eurozone was now...
IMF downgrades global growth forecast

IMF downgrades global growth forecast

(VOVworld) – The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next year. The IMF now expects growth of 3.5 per cent this...
Global impacts from sanctions on Russia

Global impacts from sanctions on Russia

(VOVworld) – The ruble devaluation and the risk of economic recession in Russia are direct results of the West’s financial sanctions on Russia. VOV analyzes the effects of the Russian...
The US, Iran discuss new nuclear proposal

The US, Iran discuss new nuclear proposal

(VOVworld) – The US and Iran are now discussing a new proposal that would leave much of Tehran's enriching machines in place but disconnected from feeds of uranium
UK and Iran resume diplomatic relations

UK and Iran resume diplomatic relations

(VOVworld) – A British Foreign spokesperson said Thursday “The UK has agreed with Iran that from February 20th bilateral relations will be conducted directly through non-resident Charges d'Affaires and officials...
Austerity protests sweep Eurozone

Austerity protests sweep Eurozone

(VOVworld) – EU members’ trade unions on Wednesday launched fresh protest against the widespread austerity measures which have been considered the cause of European deeper sinking into economic recession
Implications of EU rating downgrades

Implications of EU rating downgrades

Standard and Poor’s downgraded the credit ratings of nine euro-zone countries last week, making big news on a Black Friday the 13th. The rating downgrade hammers the...